What We Do? The Association fulfills its statutory role as a recognized Non-Government and Non-Profit International Organization by overseeing the professional activities of our members in practice, and ensuring that education and training standards are maintained. The Association ensures that all CPAs remain at the leading edge throughout their careers. The Association provides a quality service to its members, students and valued stakeholders. Our Vision Striving to be the best member service organization through quality research and education across the globe. Our Mission “To be a global leader in public accounting profession by achieving the highest standards of ethics, professional excellence, corporate governance, and quality research & development” Our Goals To explore, develop and promote generally accepted auditing principles within the financial industry. To excavate accounting & auditing technical-revelation in emerging economies through applied research & development. To enhance the vision & current skill level of members for effective economic, financial, and business decision making. To encourage accounting & finance professionals, researchers and educators across the globe to share knowledge and experience in the related industry. We Nurture Expertise With Expert Ease [email protected]CPD/CPE Guidelines Registered Office 18 Abbey House, Stoke Road, Slough, Berkshire SL2 5AG, United Kingdom | Ph: (44) 77-8696-1247 Ph: (44) (0) 17-5372-2180 | Fax: (44) 17-5372-2181 [email protected]| www.CPAPRO.eu PAK-UAE Chapter [email protected] | www.CPAPRO.pk (9251) 252-1-251, 252-1-252 Regional Partner & Training Providers [email protected]| www.SIMSIT.edu.pk [email protected]| www.MBTglobal.org [email protected]| www.CMCorg.com For more detail, visit or write to us www.CPAPRO.eu | www.CPAPRO.pk [email protected]| [email protected]The Associaon of Internaonal Cerfied Public Accountants CPAPRO.eu Continuous Professional About Us We are duly approved, recognized and authorized Accountancy Professional Legal Body to work internationally as Educational & Examining authority; Award the CPA Certifications; Regulate Associate & Fellow CPAs; Issue Practicing Certificate under bye-laws About CPAPRO Our CPA Professional Programme meets and exceeds all IFAC’s standards for education, assessment & practical experience. It also meets the requirement of the leading accounting bodies regarding examination, qualification and award of certification to accounting professionals
Transcript
What We Do?
The Association fulfills its statutory role as a recognized Non-Government
and Non-Profit International Organization by overseeing the professional
activities of our members in practice, and ensuring that education and
training standards are maintained. The Association ensures that all CPAs
remain at the leading edge throughout their careers. The Association
provides a quality service to its members, students and valued stakeholders.
Our Vision
Striving to be the best member service organization through quality research
and education across the globe.
Our Mission
“To be a global leader in public accounting profession by achieving the
highest standards of ethics, professional excellence, corporate governance,
and quality research & development”
Our Goals
To explore, develop and promote generally accepted auditing principles
within the financial industry.
To excavate accounting & auditing technical-revelation in emerging
economies through applied research & development.
To enhance the vision & current skill level of members for effective
economic, financial, and business decision making.
To encourage accounting & finance professionals, researchers and
educators across the globe to share knowledge and experience in the
C o n t i n u o u s P r o f e s s i o n a l D e v e l o p m e n t
F o r U l t i m a t e S u c c e s s
All members have a professional obligation
to themselves, their employers and the
community to plan and participate in a
continuing education program, tailored to
meet their own needs.
If you hold the status of Associate, Fellow
or if retired and provide public accounting
services (whether or not for reward), You
must do at least 30 hours of CPD each year
and you may be required to submit records
and a diary of your CPD activities.
Recording your CPD hours
CPD can be recorded in any of three ways:
Through your online CPD Diary
Through the Member's record of CPD
activities
Or by following the format set out in
this tabular form:
CPD / CPE: An Overview
“Continuous Professional Development (CPD) … CPAPRO ex tends the means
by which our members maintain, improve, and broaden their knowledge and skills
and develop the personal qualities required in their professional lives. ”
The following activities are included in the accredited CPD activities
E-courses
Teaching relevant professional or degree courses
Research paper published in a peer reviewed journal
Watching videos/CDs of The Association’s CPD programmers
Self-certified readings (interim arrangement)
F OR M EM BER S
F OR PR OFES SI ON
F OR M ARKET
Individual & Corporate Level Development CPD is about improving your own performance and those of others at
work, enhancing your career prospects, increasing your capacity for learn-
ing and being more efficient and confident when faced with challenges.
Your CPD activities would include
Attending training courses, seminars, workshops and conferences;
Serving on committees and technical committees of your professional
association;
Undertaking distance and open learning packages and qualification;
Technical authorship of papers, teaching and facilitating or preparing of
lectures for organized events.
BE NE FIT S The term CPD is being used both locally and abroad for the ongoing self-development of professionals. In effect CPD requires that professionals undertake learning activities that
develop and maintain capabilities to perform competently within the professional environ-ments.
Provide evidence of your commitment within your profession and of your continuing com-
petence;
Have an excellent reference document for both updating your own CV and in providing a
base of future reference of topics you have studied;
Hold a useful aid for career development and allow you to plan, record and review your
relevant activities;
Have an awareness of your shortcomings and a strategy to overcome them;
Exploit change and not be driven by it;
Identify your skills and assist others in acquiring similar skills;
Efficient and skilled members;
Motivation to develop and learn increases members performance which contributes to
business objectives of the organizations they are working for;
Create the image of a progressive and committed organization that maintains development
following professional qualifications;
Members who are able to adapt more readily to changing demands within their profession.
The assurance that the professionals are maintaining skills and developing new skills
whilst also ensuring that their skills are passed to other members;
Establish a quality benchmark of the competence of all members.
Field Hours Source
The Association Webinars, Seminars, Conferences, Questions from monthly Journals, trainings 10 Required from Association
Ethics and Professional Conduct Ethical Practice in Business Personal Ethics Ethical Decision-Making
5 Any
Completing degree courses and studying relevant professional certifications Relevant research paper published in a peer reviewed journal Writing of books on professional interest, technical and reference manuals including study pack Registered and evidence-based E-learning courses from recognized content providers
15 Any
Date Description of Activity
Sponsored or
Organized By Hours
Following three exemptions are available to students
Sick or incapacitated so that he/she cannot perform normal work
CPD can be achieved by at least three different approaches:
In-put based approaches by establishing a set amount of learning
activity that is considered appropriate to develop and maintain
competence.
Out-put based approaches by requiring professional accountants to
demonstrate, by way of outcomes, that they develop and maintain
professional competence.
Combination approaches by effectively and efficiently combining
elements of the input and output based approaches, setting the amount
of learning activity required and measuring the outcomes achieved.
The Association has adopted a combination approach before moving towards
a comprehensive output-based system.
CPD Requirements Every member is required to complete 30 hours in one year or 120
hours in every 3 years period with a minimum of 30 hours in a year.
REQUIREMENTS
NON-COMPLIANCE
PROVISIONS
ORGANIZATION The CPD Committee of the association has the responsibility for
the establishment of directive and overall coordination of CPD
activities for its members in across the world. Country Chapters,
Regional Partners and Official Learning Providers would coordinate
with the CPD Committee in execution of CPD activities
Every member is required to complete 30 hours in one year or 120
hours in every 3 years period with a minimum of 30 hours in a year.
For all members, non-compliance of this Directive will be reviewed
by the CPD Committee and if deemed appropriate the matter may
be referred to the Executive Council.
The stations located beyond radius of 50 KM from the cities would
be treated as Remote Areas for the purpose of CPD. CPD Hours
requirement for the members of Remote Areas would be as follows:
Fellows / Associates/ Students 15 hours
Certificate of Practice (new) 20 hours
Certificate of Practice (Renewal) 25 hours
Practicing Members (Renewal) … … 40 hours
Practicing Member (New) … … 30 hours
Non Practicing Members … … 30 hours
Members overseas … … 10 hours
Admin Associate Membership … … 30 hours
Admin Fellow Membership … … 30 hours
ANNUAL - MINIMUM CREDIT HOURS REQUIREMENT
Sr. Activity Evidence to attached CPD Credit Hours
1 Participation in short courses, seminars, confer-ences, lectures, workshops and trainings (with prior approval CPD Committee).
Copies of certificates of attendance / course contents in case it is a non-CPA course.
Actual duration of program - For a full day ses-sion a credit of 8 hours and for a half-day session a credit of 4 hours
2 Completing degree courses and studying relevant professional certifications Copy of degree / certification As accredited by the approved and recognized
entity
3 Relevant research paper published in a peer re-viewed journal Original copy of the journal 8 hours
4 Contributing article/review or any other relevant material including material in association's or other, local or international publications
Original copy of the publication 8 hours
5 Registered and evidence-based E-learning courses from recognized content providers Copy of the certification Actual time consumed by the course/ training.
6 Presenter or Session Chairman To be declared on the Twice the actual
7 Voluntary Teaching relevant professional or de-gree courses To be declared on the Reporting Form One and half the actual time of the session subject
to maximum of 20 hours per annum.
8 Participation in council, committees, chapters, regional partners, official learning providers of Association and other regulatory bodies
To be declared on the Reporting Form Actual time of the meeting.
9 Writing of books on professional interest, technical and reference manuals including study pack Copy of the publication
1 hour per page of technical content. Maximum 20 hours per release (A4 size paper 12 Times Roman font size).
The CPD credit hours are to be measured as follows:
Recording and Monitoring
CPD records are to be maintained by the CPD Section of the Association as follows:
Where CPD activities are organized by the Association / Branch Councils
The Country Chapter and Regional Partner will maintain a register of
attendance at Association organized activities
Within two weeks of holding the activity, the register details will be sent
to the CPD Section
Where a member participates in other CPD credit programs
The member will maintain evidence of the CPD activity e.g. attendance
confirmation / copy of article published.
On an annual basis the member will complete a CPD declaration form
(annexure) summarizing
The details of the CPD activities and necessary supporting documents in
which they participated based on the credit hours prescribed measure-
ment. The declaration should be sent to the attention of the CPD Section,
Head Office, which in time would present such deceleration to the CPD
Committee.
The above declaration along with supporting evidence must be received
by the CPD Section annually by December 31
The Country Chapter and Regional Partner will summarize the declara-
tions and send a summary to the CPD Section on a monthly basis for
updating of records
The CPD Section of the Association will be responsible for maintaining
record in respect of members participating in CPD activities and uploading
latest CPD data on the website for member's to review.
Instructions: Record & Returns
In order to self-certify, a member must maintain a schedule of all such
reading material, specifying the following:
Date
Title of the publication,
The title of the specific article and
The number of CPD hours in respect of the reading
The schedule must be self-certified on an annual basis and retained as part
of their CPD records. It is also recommended that the member make a
copy of the relevant reading and certify that they have read it by signing it
off and retaining it with the annual reading schedule. This interim
arrangement will be reviewed at the end of the first three-year cycle
